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Updated over 2 years ago on . Most recent reply

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Cheryl Alarcon
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Finding Cash flow rentals

Cheryl Alarcon
Posted

I did a cash out refi on my 1 rental last year before the market blew up, I notice it’s starting to cool down a bit down. Where can I find cash flow rentals? I’ve been sitting on this money and would like to put it to work. Id like to use the money as a down payment on a loan, don’t want to use the full amount to buy anything cash. Thanks! 

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Melanie Thomas
  • Real Estate Broker
  • San Antonio
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982
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Melanie Thomas
  • Real Estate Broker
  • San Antonio
Replied

Look around to partner with a Property Management company. There are lots of reluctant landlords out there who get tenants in place, hire a PM company and then decide they hate being a LL for many different reasons. They are often willing to sell at a discount and you get a solid deal with a tenant in place. At my firm we have a program where we notify our investors of these types of deals first. Worth a look around! Good luck and Happy Investing! 

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RentWerx Property Management
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